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CSPAN
Dec 31, 2012 3:30pm EST
that no deal is better than a bad deal, but in the case of the fiscal cliff, no deal is the worst deal because the government will go over the fiscal cliff and will take almost every american with us. almost every family that pays taxes now will pay higher taxes. people's jobs will immediately be put in jeopardy, unemployment compensation will end for more than 2 million people, our defenses will be decimated by cuts that will put us in a position of accepting really unacceptable risks to our security, title 1 programs of education for low-income children will be cut dramatically, most people, including the congressional budget office, our own congressional budget office, say that the combination of tax increases along with the decreased spending required under the budget control act will push our economy back into recession in the new year. so i don't agree that no deal is better than a bad deal. in this case, i repeat, no deal is the worst deal because it allows our country to go over the fiscal cliff and really hurts almost every american family in our country, in our economy,
CSPAN
Dec 31, 2012 10:45am EST
anticipating a possible, a possible agreement regarding the fiscal cliff. no deal has been reached yet. senators today will technically be working on a praiseholder -- placeholder bill in the event there is a fiscal cliff agreement. until the deal's reached, we expect we'll hear discussion at least on the fiscal situation. take a look now live on the floor of the u.s. senate, and we'll bring it to you live here on c-span2. the presiding officer: the senate will come to order. the chaplain, dr. barry black, will lead the senate in prayer. the chaplain: let us pray. almighty god, we praise your name. you are high over all the nations and your glory is greater than the heavens. let your spirit move our lawmakers to do your will. teach them valuable lessons from hardships and adversities, as they work to be worthy of the sacrifices of those who have already given so much for freedom. lift them from the darkness of hopelessness so that they may take steps toward your light. may your presence and grace bring comfort, as you inspire them to choose what is right and just. may they take the tid
CSPAN
Dec 30, 2012 1:00pm EST
anticipation of possible agreement on the fiscal cliff. no deal has been reached yet, but both democrats and republicans have scheduled party caucus meetings this afternoon with the senate likely to recess for those meetings. legislative work will start with executive nominations. we are live now in the senate floor on c-span 2. the presiding officer: the senate will come to order. the chaplain, dr. barry black, will lead the senate in prayer. the chaplain: let us pray. mighty god, have mercy upon us because of your unfailing love. because of your great compassion, let us feel your presence today on capitol hill. as we gather this weekend with so much work left undone, guide our lawmakers with your wisdom. show them the right thing to do and give them the courage to do it. be their shelter in the midst of the storm, regardless of how high the waters rise. when they feel exhausted, remind them of the great sufficiency of your grace. look with favor on our nation and save us from self-inflicted wounds. we pray in your great name. amen. the presiding officer: please join me in rec
CSPAN
Jan 1, 2013 1:00am EST
deal on the fiscal cliff. the vote on the measure will be the next step followed by action by the u.s. house of representatives. in a return on tuesday at noon th eastern.e ut senar f senatef iowa. mr. harkin: mr. president, in the last few decades, real middle-class families in america -- i say real middle-class, making $30,000, $440,000, not $400,000 a year, have steen season their jobs being more insecure, their wages stagnate, in fact, their income adjusted for inflation is less than it was in the late 1990's. their savings and pensions have shrunk or disappeared, the cost of education has soared, at the same time the wealthiest americans and large corporations grow ever richer and pay less and less in taxes. for example, take dividends. prior to 2003, dividends were always taxed as ordinary income. but now they're taxed at a less rate, at the capital gains rate. income of hedge fund managers are taxed at a lower rate than middle-class families, so-called carry interest rule. the share of our nation's wealth going to corporate profits has been rising, as the share going to wages a
CSPAN
Dec 30, 2012 6:00pm EST
we're a little over 24 hours away from going over the cliff, the so-called fiscal cliff that occurs at midnight on december 31, tomorrow. this cliff is self-imposed. it is a penalty that we voted for if we failed to deal with the deficit that our nation faces. and unfortunately, as of this moment we've not reached an agreement to avoid it. i haven't given up hope. conversations and negotiations continue all through this day, and i'm sure into tomorrow. and i hope by the end of the day, by the end of tomorrow night we can celebrate the end of this year and the beginning of a new year with good news for the american people. this is exactly the wrong time for us to go over this cliff. we are in the midst of an economic recovery. we are seeing new job creation. businesses are seeing new growth. we are seeing the kind of economic indicators we've been waiting for for years. this going over the cliff is going to bring uncertainty to our markets, and with that uncertainty a pull back of consumer confidence and a reduction, i'm afraid, of business activity and the creation of new jobs. there are ways to avoid this, sensible ways to avoid it. the president has suggested one. in addition to spending cuts, we need to
CSPAN
Dec 24, 2012 12:00pm EST
$60 billion relief package for areas affected by hurricane sandy. and negotiations on the fiscal cliff continue and debate on a deal is possible in either the house or the senate once it's announced. >> the senate is running a little bit behind schedule. senators were expected back in for a brief pro forma session about ten minutes ago at noon eastern time. in the meantime, a look ahead to tomorrow morning's "washington journal." a look at the biggest foreign policy events of 2012, our guest is ely lake of news week and the daily beast. then the biggest political stories of 2012. we'll look at that with juan williams. "washington journal" starts every morning at 7 eastern on c-span. >> as we wait for this pro forma session to get under way, some information about programming happening the day after christmas. c-span spoke with two retiring lawmakers, congressman dan burton and senator kent conrad. mr. burton, an indiana republican, served in congress for 30 years, and in the 1990s chaired the house oversight committee. senator conrad, the north dakota democrat, has been in office for 20 years and chairs the senate bud
CSPAN
Dec 28, 2012 12:00pm EST
that way. we conjured up this fiscal cliff to force us to address the big issues of the nation. and you've heard people on both sides of the aisle, certainly as but many people talk about the fact that to deal with our fiscal issues we need to do something in the four and a half to 5 trillion-dollar range so that we can begin this year with the rearview mirror and the economy has the opportunity to take off and it's pretty apparent that on december 29 without anything that is better in place that is probably not going to happen. so unfortunately for america the next line in the sand is going to be the debt ceiling and i know secretary has sent up the ladder probably around mid march that action has to be taken by the time you take extraordinary action. and so, lamar and i recognize that and we also recognize that the big issues of the nation today the average family pays over the lifetime $119,000 in the medicare program. the members of a family working over their lifetime will pay into medicare $119,000 in today's. that same family today takes out of medicare $357,000. basically americans today are paying about one third of the true cost of medicare. lamar recognizes and i recognize that and we
CSPAN
Dec 30, 2012 5:15pm EST
fiscal cliff, but what i'm speaking about is not good news because it deals with the tragic events that occurred in benghazi, libya, on september 11 when terrorists took the lives of our ambassador chris stevens and three other brave americans who were serving us there. mr. president, i rise today along with the ranking member of the homeland security and governmental affairs committee, senator collins, to submit for the record the report that she and i have been working on with our staffs and other members of the committee following those events in libya. we called this report flashing red, a specialist report on the terrorist attack in benghazi. flashing red was a term that was used in conversation with us by an official of the state department, and it couldn't have been more correct. all the evidence was flashing red that we had put american personnel in benghazi in an increasingly dangerous situation with violent is slammist -- violent islamicist extremists having occurred there with attacks on our mission there, two others prior to that year, and yet we did not give them the securi
CSPAN
Dec 27, 2012 9:00am EST
these crucial issues about the fiscal cliff, the question of the budget, and taxes and as i mentioned, senior citizens being able to see a doctor, those are crucial issues, but this legislation, the fisa amendments act, is also a crucial piece of legislation, and that is why senators will be offering amendments in order to strike the best possible balance between security and liberty. now, when the foreign intelligence surveillance act, often known, mr. president, as fisa, senators and those listening will hear that discussion almost interchangeably, the abbreviated name is fisa. and when it was written in 1978, congress applied justice brandeis' principles to intelligence gathering. the congress said when they wrote the original fisa legislation in 1978, they really said that justice brandeis, you know, got it right with respect to how you ought to gather intelligence. so the original fisa statute stated that if the government wants to collect an american's communications for intelligence purposes, the government must go to a court, show evidence that the american is a terrorist or a
CSPAN
Dec 30, 2012 4:15pm EST
hill now where lawmakers just ended meetings here on the fiscal cliff. and "the washington post" blog, a quote from senator joe lieberman when asked as he exited the senate democratic caucus about a deal, he said he'd be with shocked if a deal was struck today, that the parties are much farther apart than he hoped they'd be by now. and a tweet from one of the reporters here says senator reid makes an offer to gop, doesn't say what it is, and says e republicans' offer of calculating inflation with the chain cpi was an act of desperation. we'll bring you back to this if the senate comes back into session. in the meantime, we return to our regular booktv programming. >> and now joining us again on booktv is senator rand paul. his second book, "government bullies," senator, who are the bullies? >> well, all throughout your government there's 41 different agencies who carry firearms now in the government, and you say, well, i don't mind the police or the fbi. well, the department of agriculture has a s.w.a.t. team. the fish and wildlife have a s.w.a.t. team. in fact, the fish and wildlife raided gibson guitar with guns drawn, took all their computer equipment and their wood and then doesn't le
CSPAN
Dec 31, 2012 12:00pm EST
programs. you'll notice, if you look carefully at whatever this fiscal cliff deal is, that there won't be spending cuts but there will be spending proposals. so we're going to try to tax rich people more and get more money. it may not work because often you raise rates and get less revenue. we're going to try that. but we're going to take the intervene we get from rich people and we're going to spend it on programs, what we've been doing here. we're not going to fix the problem. we're going to perpetuate the problem. i would argue for we should be doing the oppose. we the -- doing the opposite. the republican party should have no part on this. we should have no finger prints on this and in no way support anything that raises taxes because it's bad economic policy. i for one will not support any proposal that comes out that does not cut spending and raises taxes. thank you, mr. president. i yield back my time and suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: the presiding officer: the senator from massachusetts. mr. kerry
CSPAN
Dec 31, 2012 12:45pm EST
what democrats had to say earlier today about the fiscal cliff. let's turn now to the republicans, we're going to begin with senator john thune. >> in dealing with what has become probably the biggest fiscal crisis that our country has dealt with in some time. and i've heard a number of my colleagues on the other side come down and talk about the importance of getting a solution. we all want to get a solution. you don't want to have a situation tomorrow where tax rates go up on everybody across this country that has income tax liability. you obviously don't want to see our defense have to deal a senator: madam president, i ask unanimous consent that the quorum call be lifted. the presiding officer: without objection. mrs. hutchison: madam president, there is a lot of buzzing going on around the capitol today. here we are new year's eve and so many of us have hoped that we would have an agreement that would be really a big agreement, a long-term agreement that we would like to have had finished maybe by september, certainly by october, but that was not to be, and in fact as we saw in the elections of this year, our country is divided and our hous
Search Results 0 to 11 of about 12